The Northern Link’s lower cost estimate will not come at the expense of construction quality or safety, according to the Commissioner for Northern Metropolis Railways Raymond Ip. The government and the MTR on Tuesday signed the full Northern Link project agreement, and the Executive Council approved the financial arrangements for the second part of the plan. With both the main line and spur line now in construction, the project is estimated at HK$86.2 billion – 28 percent below the original forecast – and is set to launch by 2034. Speaking on an RTHK radio programme on Wednesday, Ip said the lower price tag came from changes to design, approval and construction methods. He said merging the main line and spur line into one project produced a "double reduction" effect: the spur line’s construction period was brought forward by two years, and overall costs fell by 28 percent. Ip also spoke about what he described as a well-established monitoring mechanism. "For example, over the past few years, we have optimised the project monitoring and communication platform. Between us and MTR Corporation, we have also strengthened monitoring and auditing," he said. "In addition, there are proactive reporting and early warning mechanisms. Furthermore, before commissioning, the relevant departments...
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